A property becomes an REO if the original owner fails to pay their mortgage and the lending bank is forced to repossess it. The bank then reaches out to qualified REO designated brokers and agents to sell the home and recover their investment. Without access to experienced REO Listing agents, lending authorities must continue to hold onto the foreclosed property as an investment loss.
“The Harris Real Estate University RSD designation has been invaluable as I work with banks and lenders on complicated REO assignments. In the San Diego, there are thousands of homes in some stage of foreclosure. And it is happening with homes of every price range,” said Beverley, “It is so rewarding to be able to help banks rehabilitate these homes, get them back on the market, and find eager homebuyers so we can improve the condition of our neighborhoods. My RSD training through HREU has enabled me to work with more lenders, move more properties and get some of these vacant homes sold!”
Tim and Julie Harris, founders of the Harris Real Estate University in Las Vegas, NV, said “Realtors such as Beverley with the HREU RSD designation have valuable training in REO properties and can help banks find qualified buyers using our extensive techniques. Through our in-depth training and continuous education programs, these agents better understand market conditions that will help lenders sell their REO inventory.”
“Our goal is to prepare our enrolled agents for the increasingly competitive REO market. It’s becoming more difficult for uncertified agents to out-sell our graduates. Our comprehensive RSD Designation gives them everything they need to gain an edge over other agents in their communities,”
If you feel you are in need of more information about REO properties, or if you are a lender looking for a certified Bank Owned Property Realtor, call Beverley Hourlier for more information 619-227-9263.
Specializing in the sale of REO homes in the San Diego area, Beverley Hourlier lists homes for sale in San Diego. Contact Beverley Hourlier at 619-227-9263 for more information, or visit REOPRO@PhilandBev.com.
Contact Name: Beverley Hourlier
Company: Hilltop Chateau Realty
Address: San Diego, Ca 92117
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Hilltop Chateau Realty Specializes in First Time Home Buyers and Distressed homeowners. We know they need information, education and just extra hand holding. We want to make sure they make informed decisions with our expert experience of 15 years. CDPS, RSD, ASD, E-PRO, CNS